250 Queen Street East

Toronto, ONMulti-family
$5,900,000
MLS® C12554222
Multi-family[object Object]
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About This Property

Exceptional investment and redevelopment opportunity in the heart of downtown Toronto. Located at 250 Queen Street East, this high-visibility mixed-use property offers premium land positioning directly across from active high-rise development and within easy distance to the Eaton Centre, Queen Station, Financial District, TMU, George Brown, hospitals, and major employment hubs. The main level features a spacious vacant 3,487 sq ft commercial space suitable for retail, service, hospitality, wellness, office, or creative commercial uses. Strong foot and vehicle traffic provide excellent visibility and branding potential. Above the commercial space is a licensed 20-room apartment complex totaling approx. 4,418 sq ft, offering immediate rental income and flexible future options. Ideal for investors seeking both cash flow and long-term upside. Total above-ground area: 7,905 sq ft. Located in the rapidly transforming Moss Park corridor, surrounded by new and proposed condominium towers, modern retail, transit routes, and ongoing revitalization. This is one of Toronto's most active areas for urban intensification and mixed-use development. Perfect for developers, land bankers, end-users, or value-add investors looking for a downtown asset with future potential. Prime Queen Street East exposure, unmatched walkability, and strong long-term appreciation fundamentals make this a rare opportunity in Toronto's core. (id:63604)

Key Facts

Type
Multi-family
Size
3,487 sqft
Lot
Bldg=35.25 x 99.99 FT
Property Details 13 details
Living area
3,487 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Lot dimensions
Bldg=35.25 x 99.99 FT
Frontage
35.30 feet
Taxes
$30,149.77
Zoning
com/res=CR2(c1; r1.5*1388)
Water source
Municipal water
Sewer
Sanitary sewer

Lot and water

Irregular lot size
Mortgage & Affordability Estimate monthly costs
Purchase price$5,900,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Moss Park
City
Toronto
Postal code
M5A 1S3
Nearby
Queen and Sherbourne